U.S. Trade Balance Report: Complete Version

Last print: June 2025

1 Overall Trade Balance*

1.1 Trade Balance with Exports and Imports

1.1.1 Table

US Balance of Trade in Goods and Services ($bn, SA)
Metric Jun 2024 Feb 2025 Mar 2025 Apr 2025 May 2025 Jun 2025
Balance -73.892 -122.011 -138.316 -60.257 -71.664 -60.177
    Goods -99.563 -147.244 -162.572 -86.304 -97.303 -85.879
    Services 25.671 25.233 24.255 26.048 25.639 25.702
Exports 268.356 278.685 281.074 290.572 278.646 277.298
Imports 342.248 400.696 419.391 350.829 350.310 337.475
Source: BOCOM BBM, U.S. Census Bureau

1.1.2 Monthly Trade Balance

1.1.3 12-Month Rolling Sum

1.1.4 YoY Change

1.1.5 3MMA

1.1.6 3MMA SAAR

1.1.7 Monthly Goods Trade Balance

1.1.8 Monthly Goods Trade Balance (12 mo acc.)

1.2 Real Goods Analysis (in 2017 USD)

1.2.1 Exports by Enduse Code**

Real Export Change by Enduse Code (SA)
(June 2025)

Category $bn % MoM % YoY
Total exports 145.8 -1.5 0.6
Foods, feeds, & beverages 10.2 3.7 -1.4
Industrial supplies 45.1 -9.1 -3.5
Capital goods 52.2 3.5 7.9
Automotive vehicles 10.9 1.4 -18.1
Consumer goods 20.6 4.0 1.4
Other goods 7.1 -3.5 19.0
Source: BOCOM BBM, U.S. Census Bureau

1.2.2 Imports by Enduse Code**

Real Import Change by Enduse Code (SA)
(June 2025)

Category $bn % MoM % YoY
Total imports 230.4 -4.5 -3.1
Foods, feeds, & beverages 14.0 -1.6 -2.0
Industrial supplies 34.7 -4.8 -10.0
Capital goods 86.2 0.8 13.2
Automotive vehicles 32.0 -3.5 -12.6
Consumer goods 55.7 -13.0 -12.9
Other goods 10.5 -5.0 6.1
Source: BOCOM BBM, U.S. Census Bureau

1.2.3 Monthly Real Goods Trade Balance

1.2.4 Real Goods Trade Balance (12 mo acc.)

2 Trade in Goods: Country Analysis

2.1 Monthly Values

2.1.1 Monthly Imports

2.1.2 Monthly Exports

2.1.3 Imports (12 mo acc.)

2.1.4 Exports (12 mo acc.)

2.1.5 Monthly Trade Volume

2.1.6 Trade Volume (12 mo acc.)

2.1.7 Index for imports

2.1.8 Index for Exports

2.2 Market Share Analysis

2.2.1 Import Shares (12 mo acc.)

2.2.2 Export Shares (12 mo acc.)

2.2.3 Trade Volume Shares (12 mo. acc.)

2.3 Rates of Change

2.3.1 MoM Change in Imports by Country

U.S. Import of Goods by Country (MoM % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Share of total
All other countries 15.4 5.9 5.6 -9.8 -2.2 3.2 17.4
European Union 18.2 7.3 33.2 -35.6 6.9 -19.2 17.2
Mexico 15.6 2.7 2.0 -10.3 8.0 -1.2 16.8
Canada 12.5 -4.4 -7.8 -17.2 0.5 -2.2 10.8
China 13.2 -4.0 -8.1 -18.9 -26.3 -6.9 7.4
South/Central America 4.9 1.3 8.0 -2.4 1.2 -8.2 5.2
Japan 4.6 -12.2 8.4 -0.3 -1.9 -2.3 4.7
Germany 5.1 -1.2 3.1 -13.6 4.2 -13.6 4.4
Korea, South 4.1 -4.2 13.7 -21.5 14.9 2.5 4.2
India 2.7 18.7 18.6 -15.0 -7.4 3.4 3.4
United Kingdom 2.1 -8.0 11.1 -31.6 3.3 6.2 1.9
France 1.8 0.6 48.5 -22.2 -12.8 -9.7 1.8
CAFTA-DR 1.2 3.6 14.4 -4.2 -5.6 7.1 1.3
Brazil 1.2 14.3 1.3 -17.1 23.8 -20.4 1.3
Israel 0.7 5.9 16.8 -11.9 -39.4 4.4 0.5
Saudi Arabia 0.3 -7.6 -29.2 -15.5 18.6 16.0 0.3
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.2 MoM Change in Exports by Country

U.S. Export of Goods by Country (MoM % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Share of total
European Union 17.8 -6.6 11.9 2.8 -2.8 6.8 20.1
All other countries 17.7 -4.2 1.9 0.4 -1.5 2.6 19.5
Mexico 16.5 2.1 0.7 -4.5 -1.0 1.0 15.6
Canada 16.7 2.8 -2.4 -10.5 0.0 0.9 15.3
South/Central America 9.8 2.7 -2.8 -0.3 1.3 -1.1 10.1
China 7.0 8.2 -3.7 -19.7 -19.9 45.4 5.6
Germany 3.7 -2.9 18.0 -2.1 -10.9 14.8 4.2
United Kingdom 3.9 56.6 -12.0 9.1 -13.1 -6.2 4.1
Japan 4.2 6.5 1.8 2.9 -2.9 -3.4 3.8
Korea, South 3.3 2.5 -8.1 13.5 -11.7 3.0 3.1
Brazil 2.3 6.3 1.9 -2.8 7.5 -2.7 2.6
France 2.0 -12.7 10.8 -1.2 16.1 -15.2 2.3
CAFTA-DR 2.2 0.2 3.4 -4.0 -0.5 -0.3 2.2
India 2.2 8.7 -14.0 21.0 -13.6 5.2 2.1
Saudi Arabia 0.6 24.2 -17.2 55.1 -22.3 -5.4 0.7
Israel 0.7 -0.8 16.1 -16.5 17.8 -11.4 0.7
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.3 YoY Change in Imports by Country

U.S. Import of Goods by Country (YoY % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 12mo acc. Share
European Union 18.2 27.0 64.4 -0.6 14.8 -8.2 19.0
All other countries 15.4 21.4 25.3 12.2 11.0 9.7 15.5
Mexico 15.6 7.8 11.6 0.7 7.0 4.1 15.0
Canada 12.5 9.2 4.1 -14.1 -13.9 -16.1 11.7
China 13.2 8.1 -3.2 -19.2 -41.5 -45.6 11.7
South/Central America 4.9 10.2 18.3 17.8 11.4 2.2 4.8
Germany 5.1 7.0 8.9 -7.6 -2.5 -16.7 4.6
Japan 4.6 -2.0 10.1 6.2 -0.4 -0.4 4.3
Korea, South 4.1 -2.9 2.9 -15.0 -6.4 -1.4 3.7
India 2.7 25.8 48.6 26.5 18.3 22.2 2.8
United Kingdom 2.1 8.4 19.0 -14.1 -12.5 -11.3 2.0
France 1.8 3.8 52.9 24.9 6.5 -1.3 1.8
Brazil 1.2 10.9 21.6 -1.4 18.1 2.1 1.3
CAFTA-DR 1.2 6.0 20.9 15.8 8.2 11.0 1.1
Israel 0.7 10.8 18.3 11.1 -33.3 -35.6 0.6
Saudi Arabia 0.3 -11.5 -40.5 -52.8 -40.8 -2.9 0.3
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.4 YoY Change in Exports by Country

U.S. - Export of Goods by Country (YoY % Change, SA)
Countries Jun-24 Feb-25 Mar-25 Apr-25 May-25 Jun-25 12mo acc. Share
All other countries 17.7 4.2 8.3 5.5 10.7 13.7 19.0
European Union 17.8 -3.2 14.2 13.1 15.2 16.6 18.3
Canada 16.7 3.0 1.7 -7.8 -7.0 -5.7 16.3
Mexico 16.5 3.7 4.7 -1.3 -0.4 -2.0 15.9
South/Central America 9.8 4.6 7.3 6.2 7.8 6.2 10.0
China 7.0 -13.5 -9.2 -29.2 -41.7 -16.6 6.0
United Kingdom 3.9 46.8 32.1 36.9 40.5 10.6 4.2
Japan 4.2 10.8 9.6 11.0 6.0 -7.5 3.8
Germany 3.7 -0.1 23.7 15.6 3.9 16.0 3.7
Korea, South 3.3 5.7 -9.2 17.8 -7.7 -3.6 3.1
Brazil 2.3 8.1 17.9 10.8 19.1 16.1 2.5
France 2.0 -6.6 18.9 20.2 38.4 16.4 2.2
CAFTA-DR 2.2 -3.3 6.3 1.2 3.5 0.0 2.2
India 2.2 23.8 -5.4 15.3 -1.6 -2.6 2.0
Israel 0.7 -14.9 1.8 -11.2 12.5 2.3 0.7
Saudi Arabia 0.6 2.7 -5.8 25.7 -0.2 18.6 0.6
Source: BOCOM BBM, U.S. Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

3 Petroleum vs. Non-Petroleun Analysis***

3.1 Petroleum vs. Non-Petroleum Trade Balance

3.2 Monthly Imports

3.3 Monthly Exports

3.4 Imports (3MMA SAAR)

3.5 Exports 3MMA SAAR

3.6 MoM Imports

3.7 MoM Exports

4 Product Category Analysis

4.1 Harmonized System 2-digit Code (HS2) & Aggregations

4.1.1 Exports (HS2)

Top 10 U.S. Exports by HS2 Code (12 Month Rolling Sum)
July 2024 – June 2025
HS2 Code Description Value ($B) Share (%)
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. 312.70 14.8
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. 267.64 12.7
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. 224.70 10.6
88 Aircraft, spacecraft, and parts thereof. 147.00 7.0
87 Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. 138.42 6.6
71 Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin. 103.31 4.9
30 Pharmaceutical products. 95.09 4.5
39 Plastics and articles thereof. 79.86 3.8
29 Organic chemicals. 53.96 2.6
38 Miscellaneous chemical products. 37.04 1.8
Source: BOCOM BBM, U.S. Census Bureau

4.1.2 Imports (HS2)

Top 10 U.S. Imports by HS2 Code (12 Month Rolling Sum)
July 2024 – June 2025
HS2 Code Description Value ($B) Share (%)
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. 576.44 16.6
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. 502.17 14.5
87 Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. 365.52 10.5
30 Pharmaceutical products. 231.85 6.7
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. 223.98 6.5
71 Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin. 163.82 4.7
29 Organic chemicals. 107.94 3.1
39 Plastics and articles thereof. 73.00 2.1
73 Articles of iron or steel. 48.07 1.4
61 Articles of apparel and clothing accessories, knitted or crocheted. 46.69 1.3
Source: BOCOM BBM, U.S. Census Bureau

4.1.3 Imports by General Aggregation

4.1.4 Exports by General Aggregation

4.1.5 Detailed Category Imports

4.1.6 Detailed Category Exports

4.2 Harmonized System 4-digit Codes (HS4)

4.2.1 Exports

Top 10 U.S. Exports by HS4 Code (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 135.85 6.4
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 113.12 5.4
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 107.36 5.1
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 73.53 3.5
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 55.89 2.6
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 55.26 2.6
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 54.81 2.6
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 48.74 2.3
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 44.21 2.1
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 42.94 2.0
Source: BOCOM BBM, U.S. Census Bureau

4.2.2 Imports

Top 10 U.S. Imports by HS4 Code (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 205.47 5.9
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 180.20 5.2
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 155.73 4.5
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 129.74 3.7
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 116.42 3.4
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 105.45 3.0
7115 ARTICLES OF OR CLAD WITH PRECIOUS METAL NESOI 92.17 2.7
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 84.15 2.4
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 71.48 2.1
2937 HORMONES; DERIVATIVES & STERIODS USED AS HORMONES 57.91 1.7
Source: BOCOM BBM, U.S. Census Bureau

4.2.3 Import Trajectories

4.2.4 Export Trajectories

5 In-depth Analysis (HS4)

5.1 Product by Country Tables

5.1.1 Canada Exports

Top 10 U.S. Exports by HS4 Code – Canada (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 14.47 4.2
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 14.44 4.2
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 13.84 4.0
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 12.18 3.6
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 9.86 2.9
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 9.27 2.7
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 5.81 1.7
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 4.96 1.4
8407 SPARK-IGNITION RECIP OR ROTARY INT COMB PISTON ENG 4.63 1.4
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 4.31 1.3
Source: BOCOM BBM, U.S. Census Bureau

5.1.2 Canada Imports

Top 10 U.S. Imports by HS4 Code – Canada (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 93.96 23.2
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 26.55 6.6
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 11.53 2.8
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 10.61 2.6
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 10.00 2.5
7601 ALUMINUM, UNWROUGHT 7.47 1.8
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 6.78 1.7
8411 TURBOJETS, TURBOPROPELLERS & OTH GAS TURBINES, PTS 6.78 1.7
7108 GOLD (INCL PLAT PLATED), UNWR, SEMIMFR OR POWDER 6.25 1.5
8802 AIRCRAFT, POWERED; SPACECRAFT & LAUNCH VEHICLES 5.99 1.5
Source: BOCOM BBM, U.S. Census Bureau

5.1.3 Mexico Exports

Top 10 U.S. Exports by HS4 Code – Mexico (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 31.07 9.3
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 19.70 5.9
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 16.77 5.0
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 12.20 3.6
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 8.51 2.5
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 7.48 2.2
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 7.03 2.1
1005 CORN (MAIZE) 5.82 1.7
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 5.52 1.6
8523 PREPARED UNRECORDED MEDIA (NO FILM) FOR SOUND ETC. 5.50 1.6
Source: BOCOM BBM, U.S. Census Bureau

5.1.4 Mexico Imports

Top 10 U.S. Imports by HS4 Code – Mexico (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 67.30 12.9
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 48.64 9.3
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 36.33 7.0
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 35.30 6.8
8544 INSULATED WIRE, CABLE ETC; OPT SHEATH FIB CABLES 16.80 3.2
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 11.72 2.2
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 10.28 2.0
8528 TV RECVRS, INCL VIDEO MONITORS & PROJECTORS 9.20 1.8
8701 TRACTORS (OTHER THAN WORKS TRUCKS OF HEADING 8709) 8.72 1.7
8537 BOARDS, PANELS ETC ELEC SWITCH AND N/C APPAR ETC. 8.50 1.6
Source: BOCOM BBM, U.S. Census Bureau

5.1.5 China Exports

Top 10 U.S. Exports by HS4 Code – China (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 13.77 10.7
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 10.43 8.1
1201 SOYBEANS, WHETHER OR NOT BROKEN 10.04 7.8
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 5.86 4.6
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 5.24 4.1
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 3.54 2.8
8486 MACH,APP MANUF SEMICON BOULES ETC;C84 NT 11(C);PT 3.29 2.6
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 2.65 2.1
3901 POLYMERS OF ETHYLENE, IN PRIMARY FORMS 2.19 1.7
7404 COPPER WASTE AND SCRAP 1.98 1.5
Source: BOCOM BBM, U.S. Census Bureau

5.1.6 China Imports

Top 10 U.S. Imports by HS4 Code – China (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 45.51 11.2
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 28.03 6.9
8507 ELECTRIC STORAGE BATTERIES, INCL SEPARATORS, PARTS 17.49 4.3
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 9.02 2.2
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 6.46 1.6
8516 ELEC WATER, SPACE & SOIL HEATERS; HAIR ETC DRY, PT 6.17 1.5
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 6.10 1.5
8528 TV RECVRS, INCL VIDEO MONITORS & PROJECTORS 6.04 1.5
3926 ARTICLES OF PLASTICS (INC POLYMERS & RESINS) NESOI 5.97 1.5
3924 TABLEWARE & OTHER HOUSEHOLD ARTICLES ETC, PLASTICS 5.73 1.4
Source: BOCOM BBM, U.S. Census Bureau

5.1.7 Brazil Exports

Top 10 U.S. Exports by HS4 Code – Brazil (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 10.74 20.5
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 4.99 9.5
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 1.86 3.5
3901 POLYMERS OF ETHYLENE, IN PRIMARY FORMS 1.52 2.9
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 1.33 2.5
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 1.19 2.3
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 1.17 2.2
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 1.16 2.2
2701 COAL; BRIQUETTES, OVOIDS ETC. MFR FROM COAL 1.12 2.1
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.99 1.9
Source: BOCOM BBM, U.S. Census Bureau

5.1.8 Brazil Imports

Top 10 U.S. Imports by HS4 Code – Brazil (12 Month Rolling Sum, NSA)
July 2024 – June 2025
HS Code Description Value ($B) Share (%)
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 5.87 13.4
0901 COFFEE; COFFEE HUSKS ETC; SUBSTITUTES WITH COFFEE 2.65 6.0
8802 AIRCRAFT, POWERED; SPACECRAFT & LAUNCH VEHICLES 2.03 4.6
7207 SEMIFINISHED PRODUCTS OF IRON OR NONALLOY STEEL 1.56 3.6
7201 PIG IRON & SPIEGELEISEN IN PIGS, BLOCKS ETC. 1.53 3.5
4703 CHEMICAL WOODPULP, SODA OR SULFATE, NOT DISSOLY GR 1.47 3.3
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 1.45 3.3
2009 FRUIT, NUT OR VEG JUICES, UNFERMENT, NO ADD SPIRIT 1.38 3.1
0202 MEAT OF BOVINE ANIMALS, FROZEN 1.37 3.1
8429 SELF-PROPELLED BULLDOZERS, GRADERS, SCRAPERS ETC 0.94 2.1
Source: BOCOM BBM, U.S. Census Bureau

5.2 Product by Country Trajectories

5.2.1 Mexico Import

5.2.2 China Import

5.2.3 Brazil Import

5.3 Country by Product Tables

5.3.1 Automatic Data Processing Machine Imports

Top 10 U.S. Import Sources for HS 8471 – Automatic Data Processing Machines (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 67.30 37.3
5830 TAIWAN 42.70 23.7
5700 CHINA 28.03 15.6
5520 VIETNAM 24.42 13.6
5490 THAILAND 9.76 5.4
5650 PHILIPPINES 1.08 0.6
5570 MALAYSIA 0.84 0.5
4280 GERMANY 0.79 0.4
4370 HUNGARY 0.77 0.4
1220 CANADA 0.52 0.3
Source: BOCOM BBM, U.S. Census Bureau

5.3.2 Automatic Data Processing Machine Exports

Top 10 U.S. Export Destinations for HS 8471 – Automatic Data Processing Machines (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 7.03 14.4
1220 CANADA 5.81 11.9
4210 NETHERLANDS 4.38 9.0
5830 TAIWAN 2.97 6.1
5590 SINGAPORE 2.55 5.2
5880 JAPAN 2.30 4.7
5570 MALAYSIA 2.20 4.5
5200 UNITED ARAB EMIRATES 1.92 3.9
4120 UNITED KINGDOM 1.85 3.8
4280 GERMANY 1.56 3.2
Source: BOCOM BBM, U.S. Census Bureau

5.3.3 Integrated Circuits Imports

Top 10 U.S. Import Sources for HS 8542 – Electronic Integrated Circuits (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
5830 TAIWAN 12.67 30.0
5570 MALAYSIA 10.46 24.8
5081 ISRAEL 4.20 9.9
5800 KOREA, SOUTH 2.06 4.9
4190 IRELAND 1.92 4.5
2230 COSTA RICA 1.91 4.5
5700 CHINA 1.43 3.4
5520 VIETNAM 1.25 3.0
5880 JAPAN 1.12 2.7
2010 MEXICO 1.07 2.5
Source: BOCOM BBM, U.S. Census Bureau

5.3.4 Integrated Circuits Exports

Top 10 U.S. Export Destinations for HS 8542 – Electronic Integrated Circuits (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 12.20 22.3
5700 CHINA 10.43 19.0
5570 MALAYSIA 8.30 15.1
5830 TAIWAN 6.01 11.0
5520 VIETNAM 3.09 5.6
5800 KOREA, SOUTH 2.36 4.3
5820 HONG KONG 2.30 4.2
5650 PHILIPPINES 1.21 2.2
3510 BRAZIL 1.17 2.1
5490 THAILAND 1.00 1.8
Source: BOCOM BBM, U.S. Census Bureau

5.3.5 Blood & Vaccines Imports

Top 10 U.S. Import Sources for HS 3002 – Human/Animal Blood; Vaccines (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
4190 IRELAND 37.52 32.2
4280 GERMANY 15.28 13.1
5590 SINGAPORE 9.46 8.1
4231 BELGIUM 9.16 7.9
4210 NETHERLANDS 7.28 6.3
4419 SWITZERLAND 6.37 5.5
5880 JAPAN 5.74 4.9
4759 ITALY 4.72 4.1
5800 KOREA, SOUTH 4.03 3.5
4279 FRANCE 3.70 3.2
Source: BOCOM BBM, U.S. Census Bureau

5.3.6 Blood & Vaccines Exports

Top 10 U.S. Export Destinations for HS 3002 – Human/Animal Blood; Vaccines (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
4210 NETHERLANDS 6.72 12.2
4280 GERMANY 6.47 11.7
5700 CHINA 5.86 10.6
5880 JAPAN 4.70 8.5
4190 IRELAND 3.86 7.0
4759 ITALY 2.88 5.2
4419 SWITZERLAND 2.77 5.0
4231 BELGIUM 2.27 4.1
1220 CANADA 2.26 4.1
4330 AUSTRIA 2.23 4.0
Source: BOCOM BBM, U.S. Census Bureau

5.3.7 Soybean Imports

Top 10 U.S. Import Sources for HS 1201 – Soybeans (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
1220 CANADA 0.19 51.4
3570 ARGENTINA 0.08 23.3
4623 UKRAINE 0.04 11.1
4890 TURKEY 0.03 8.3
3550 URUGUAY 0.01 2.2
4621 RUSSIA 0.00 1.3
5700 CHINA 0.00 0.6
3510 BRAZIL 0.00 0.5
3370 CHILE 0.00 0.4
3530 PARAGUAY 0.00 0.3
Source: BOCOM BBM, U.S. Census Bureau

5.3.8 Soybean Exports

Top 10 U.S. Export Destinations for HS 1201 – Soybeans (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
5700 CHINA 10.04 45.5
2010 MEXICO 2.18 9.9
7290 EGYPT 1.27 5.7
4280 GERMANY 1.10 5.0
5600 INDONESIA 0.99 4.5
5880 JAPAN 0.98 4.4
5830 TAIWAN 0.64 2.9
4759 ITALY 0.48 2.2
5520 VIETNAM 0.47 2.1
5380 BANGLADESH 0.39 1.7
Source: BOCOM BBM, U.S. Census Bureau

5.3.9 Oil & Gas Combined Imports

Top 10 U.S. Import Sources for HS 2709:2711 – Crude oil, fuels, oil gases (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
1220 CANADA 115.49 53.3
2010 MEXICO 13.27 6.1
5170 SAUDI ARABIA 8.61 4.0
3510 BRAZIL 7.32 3.4
5050 IRAQ 6.97 3.2
3010 COLOMBIA 6.60 3.0
3070 VENEZUELA 5.46 2.5
7530 NIGERIA 4.85 2.2
3120 GUYANA 4.63 2.1
5800 KOREA, SOUTH 4.55 2.1
12-Month Total Imports: $216.6 billion

5.3.10 Oil & Gas Combined Exports

Top 10 U.S. Export Destinations for HS 2709:2711 – Crude oil, fuels, oil gases (12-mo acc., July 2024 - June 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 39.58 13.5
4210 NETHERLANDS 34.82 11.8
1220 CANADA 24.23 8.2
5800 KOREA, SOUTH 16.39 5.6
4120 UNITED KINGDOM 12.47 4.2
5880 JAPAN 11.26 3.8
5330 INDIA 9.36 3.2
4279 FRANCE 9.31 3.2
5700 CHINA 8.39 2.9
3510 BRAZIL 8.01 2.7
12-Month Total Exports: $294 billion

5.4 Country by Product Trajectories

5.4.1 Integrated Circuit Imports

5.4.2 Integrated Circuit Exports

5.4.3 Blood & Vaccine Imports

6 Services*

6.1 Exports Table

U.S. Services Exports by Major Category - May 2025
Service Value (Billions) Share (%)
Total 98.8 100.0
Maintenance and Repair Services n.i.e. 3.9 4.0
Transport 8.7 8.8
Travel 18.0 18.2
Construction 0.2 0.2
Insurance Services 2.7 2.7
Financial Services 16.6 16.8
Charges for the Use of Intellectual Property n.i.e. 14.9 15.1
Other Business Services 22.2 22.5
Personal, Cultural, and Recreational Services 1.4 1.4
Government Goods and Services n.i.e. 2.4 2.4
Source: BOCOM BBM, U.S. Bureau of Economic Analysis

6.2 Imports Table

U.S. Services Imports by Major Category - May 2025
Service Value (Billions) Share (%)
Total 72.8 100.0
Maintenance and Repair Services n.i.e. 0.7 1.0
Transport 12.7 17.5
Travel 15.5 21.4
Construction 0.3 0.5
Insurance Services 8.5 11.7
Financial Services 5.5 7.6
Charges for the Use of Intellectual Property n.i.e. 4.4 6.1
Other Business Services 14.2 19.4
Personal, Cultural, and Recreational Services 2.2 3.1
Government Goods and Services n.i.e. 2.2 3.0
Source: BOCOM BBM, U.S. Bureau of Economic Analysis

6.3 Exports Trajectory

6.4 Imports Trajectory

6.5 Exports 12-Month Accumulated Values

6.6 Imports 12-Month Accumulated Values

6.7 Exports Trajectory (12 mo acc.)

6.8 Imports Trajectory (12 mo acc.)

7 Appendix

7.1 *Note 1

Section 1 is the only section where the goods data is on a Balance of Payments (BOP) basis, unless otherwise specified. The services data from this section and the overall data from all other sections is released on a Census basis. The reason for this difference is that the BEA adjusts goods on a Census basis to a BOP basis to align them with the concepts and definitions used for the U.S. international and national economic accounts. While it may seem unconventional to release goods data and services on different bases, trade balance data is released in this form by Bloomberg as well as by the U.S. Census.

7.2 **Note 2

The table components for both the real import and export tables do not add up to 100%. The difference between the sum of the categories and the total is made available by the Census in the original data release. However, for simplicity, the residual is excluded from this report.

The data displayed on Section 2 contains a gap between 2010 and 2012. This is a quirk of the excel spreadsheet released by the U.S. Census Bureau.

7.3 Note 3: Petroleum Differences

This report employs two distinct definitions of petroleum:

Census Definition (End-Use Codes) — Used in Section 3, this broader classification includes not only crude oil and refined fuels, but also derivative chemicals such as benzene and toluene.

HS Code Definition (HS 2709–2711) — Used in all remaining sections, referred to as “Oil & Gas”. This narrower approach is based on the Harmonized System codes:

HS 2709 – Crude petroleum oils and oils from bituminous minerals

HS 2710 – Refined petroleum oils and products containing ≥70% petroleum by weight

HS 2711 – Petroleum gases and other gaseous hydrocarbons

Despite their conceptual differences, these definitions overlap substantially in practice. The figures and tables below illustrate this overlap between the share of trade classified as Oil & Gas (HS 2709–2711) and that flagged as Petroleum by the Census Bureau. For an exact conversion between HS and End-use codes, consult this link for exports and this link for imports.

7.3.1 Table A1

Top 10 U.S. Oil Trade by HS10 Code (12-Month Total)
July 2024 – June 2025

HS10 Code Description Value ($B) Share (%)
2709002090 CRUDE PETROLEUM TEST 25 DEGREES API OR MORE NESOI 165.49 32.4
2709001000 CRUDE PETROLEUM TESTING UNDER 25 DEGREES API 96.84 19.0
2711110000 NATURAL GAS, LIQUEFIED 37.50 7.3
2710191106 LIGHT FUEL OILS GT=25 DEG API, LT=15 PPM SULFUR 35.01 6.9
2710121519 UNLEADED GASOLINE, NOT CONT BIODIESEL, NESOI 32.23 6.3
2711120010 PROPANE, LIQ, MIN PUR 90 LIQ VOLM PERCENT 25.10 4.9
2711210000 NATURAL GAS, GASEOUS 14.73 2.9
2710190635 HEAVY FL OIL,DISTL/RESD,LT 25 DEG,NT BIODSEL NESOI 10.75 2.1
2710191600 KEROSENE-TYPE JET FUEL, NOT CONT BIODIESEL, NESOI 10.64 2.1
2710121550 MOTOR FUEL, NOT CONTAINING BIODIESEL, NESOI 10.03 2.0
Other Other oil products 72.30 14.2
Source: BOCOM BBM, U.S. Census Bureau

7.3.2 Table A2

Top 10 U.S. Petroleum Trade by HS10 Code (12-Month Total)
July 2024 – June 2025

HS10 Code Description Value ($B) Share (%)
2709002090 CRUDE PETROLEUM TEST 25 DEGREES API OR MORE NESOI 165.49 34.7
2709001000 CRUDE PETROLEUM TESTING UNDER 25 DEGREES API 96.84 20.3
2710191106 LIGHT FUEL OILS GT=25 DEG API, LT=15 PPM SULFUR 35.01 7.3
2710121519 UNLEADED GASOLINE, NOT CONT BIODIESEL, NESOI 32.23 6.8
2711120010 PROPANE, LIQ, MIN PUR 90 LIQ VOLM PERCENT 25.10 5.3
2710190635 HEAVY FL OIL,DISTL/RESD,LT 25 DEG,NT BIODSEL NESOI 10.75 2.3
2710191600 KEROSENE-TYPE JET FUEL, NOT CONT BIODIESEL, NESOI 10.64 2.2
2710121550 MOTOR FUEL, NOT CONTAINING BIODIESEL, NESOI 10.03 2.1
2710122500 NAPHTHAS EX MOTOR FUEL/BLEND STOCK NT CON BIODIESL 6.85 1.4
2710124595 LGHT OIL,PREP OF OTHR HYDCBN MIX,NT BIODIESL,NESOI 5.28 1.1
Other Other petroleum products 78.89 16.5
Source: BOCOM BBM, U.S. Census Bureau

7.3.3 Figure A1

7.3.4 Figure A2

7.3.5 Figure A3

7.4 *Note 4:

In contrast with all the other data in this report, the services data is released quarterly. Therefore, it may not be updated in sync with the goods or goods and services data in all other sections. For more information on the next services release, please consult this link.